/term/inventory-to-revenue/SHSE:603216 Mengtian Home Group (SHSE:603216) Inventory-to-Revenue
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mengtian Home Group Inc (SHSE:603216) » Definitions » Inventory-to-Revenue

Mengtian Home Group (SHSE:603216) Inventory-to-Revenue : 0.43 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Mengtian Home Group Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Mengtian Home Group's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥93 Mil. Mengtian Home Group's Revenue for the three months ended in Mar. 2024 was ¥217 Mil. Mengtian Home Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.43.

Mengtian Home Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.23) to Dec. 2023 (0.43)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mengtian Home Group's Days Inventory for the three months ended in Mar. 2024 was 53.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mengtian Home Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.71.

Mengtian Home Group Inventory-to-Revenue Historical Data

The historical data trend for Mengtian Home Group's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mengtian Home Group Inventory-to-Revenue Chart

Mengtian Home Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.07 0.07 0.07 0.07 0.07

Mengtian Home Group Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.30 0.30 0.23 0.43

Competitive Comparison of Mengtian Home Group's Inventory-to-Revenue

For the Furnishings, Fixtures & Appliances subindustry, Mengtian Home Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mengtian Home Group's Inventory-to-Revenue Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mengtian Home Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mengtian Home Group's Inventory-to-Revenue falls into.


Mengtian Home Group Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Mengtian Home Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (86.316 + 96.663) / 2 ) / 1317.416
=91.4895 / 1317.416
=0.07

Mengtian Home Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (96.663 + 90.1) / 2 ) / 217.454
=93.3815 / 217.454
=0.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mengtian Home Group  (SHSE:603216) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Mengtian Home Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=93.3815/159.734*365 / 4
=53.35

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mengtian Home Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=159.734 / 93.3815
=1.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mengtian Home Group Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Mengtian Home Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Mengtian Home Group (SHSE:603216) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mengtian Home Group Inc (SHSE:603216) » Definitions » Inventory-to-Revenue
Comparable Companies
SZSE:001238 SZSE:300247 SZSE:300464 SHSE:603215 SHSE:605336 SHSE:603818 SHSE:603600 SZSE:002723 SZSE:002853 SZSE:001368 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
N/A
Address
No. 88 Changjiang Road, Huimin Street, Jiashan County, Zhejiang Province, Jiaxing, CHN, 314100
Website
https://www.mengtian.com
Mengtian Home Group Inc is engaged in the design, development, production and sales of customized wooden furniture such as wooden doors, wall panels and cabinets.

Mengtian Home Group (SHSE:603216) Headlines

No Headlines